Cathie Wood SLASHES Bitcoin Target by $300,000! Is Stablecoin Mania Killing BTC?
Did you know a top investor just slashed her Bitcoin price target by $300,000? Cathie Wood of Ark Invest dramatically lowered her 2030 Bitcoin forecast from $1.5 million to $1.2 million, citing the surprising rise of stablecoins like Tether and Circle as digital payment solutions. She believes stablecoins are now "usurping part of the role we thought Bitcoin would play," especially in emerging markets. This significant recalibration comes despite Wood's continued belief in Bitcoin's long-term growth and its potential to rival gold. Stay informed about these major shifts in the crypto world; subscribe to our channel for the latest insights.
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